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 Stock market V19, Chit chat in the market

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TScherroy
post Jan 11 2009, 04:23 PM

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QUOTE(viper88 @ Jan 11 2009, 12:02 PM)
At least he 's willing to show that he bought the counter recommended + the realized profit/lost made from his decision.
The passbook is to support his claim on the profit he had made from stock market since some TA guys keep saying he's making up stories and unrealistic profit gains.
Its up to individual to belief whether its true or not.

*
It is ok for someone that want or willing to share his portfolio, counters he/she bought and recommendation, that generally people would be appreciating it and use it as reference, comparison or whatever.

But don't think need until passbook or whatever to support your claim or whatever. It proves nothing while I don't see what is the benefit of doing so.
If those claim and recommendation is good, then it is good, as simple as that.
Just like some analysts and investors (like Warren Buffett) are well respected in the market place because they are good, but they never shows how much they earns, right? As whatever stock recommendation prior before, its market price and result of gain and loss is known to everyone, without the need of origin recommendators to show to you.
If someone recommend 10 stocks prior before and after sometimes or long term, it does create wealth through the stocks, then it is good and well known already.

If one is good with his/her recommendation and foresight, soon and later people will know and being recognised by the market place.

Stock market or investment is not a race between people. A shows he/she gain 100K, B shows he/she gains 200K.
Then as a reader, you get no information or useful information out of it, but if put in proper analysis and recommendation for the future trend of specific in-depth of economy situation, stock market prospect, then it is benefitting to all.

Don't get me wrong, I fully respected to those blogger whom spent time to share view and put up good recommendation even bad one. Just I don't see the needs of showing up the passbook or one's wealth to claim that. If it is good, then it is good. If it is bad or bullshit, even showing up 100 millions also bad.

Just my 2 cents.
TScherroy
post Jan 11 2009, 05:26 PM

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Just to add another point, there is no definite right or wrong in stock market. Investment is not a science or engineering topic that based on constant formula and equation, so stop looking for one that is definite correct formula to invest or whatever.

It is perfect sensible and ok to have one agrees on one point while the other one disagree on it. Just put up argument and proper discuss on it, don't need until need to have personal attack or confrontation.



TScherroy
post Jan 11 2009, 06:38 PM

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QUOTE(aoisky @ Jan 11 2009, 06:19 PM)
well according to Maslow's hierarchy of needs, may be for him to satisfy his self esteem, confident, achievement or respect by others. from my point of view his not ego but rather informative n sharing with public. btw how u know buffet never shows how much he earns or showing his passbook?
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A simple theory.
A rich person never said he or she is rich. smile.gif
Unless needs to show for getting loan tongue.gif , or to convince somebody else to make a sales out of it (just like what MLMers did, no offence).

Respect is gained and given by others naturally, not forcefully by showing to others. smile.gif

I never say it is wrong to be informative and sharing, instead we all appreciate and thankfulness of it. Just I feel don't need until need to scan passbook to prove it, a bit extreme and unnecessary. Just like I said before, if you are good then you are good, as simple as that.

Ego and self-esteem worth zero in stock market or investment world. What matter is making $$ out of it. Got plenty of $$, whatever self-esteem also can have already. icon_rolleyes.gif
TScherroy
post Jan 12 2009, 11:08 AM

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QUOTE(aoisky @ Jan 11 2009, 07:06 PM)
here is really good for getting/sharing information n also giving opinion. may i ask u what is ur pick for this 1Q of 09?
I m curious. since most sector not performing.
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Don't quite understand what the mean of pick of 1Q 09, or mean something that will perform in this Q in term of short term speculation? Then I pick nothing. Because market need time to heal and economy need time to adjust.

It is risky to speculate in this kind of market. You gain little while potential loss is higher in term of speculation purpose. For speculation and trading purpose, it is more advisable to play with when the bull is around, some sort liking riding the trend is much easier to gain rather than try to against the trend trying to search for extraordinary one.

For speculation, whether one buy at 0.50 or 0.60 or 1.00, it makes no different. What you concern is the price differentiation only.

You buy 0.50, you sell 0.60, then gain 10 cents. On the other hand, you buy 0.60 then sell at 0.70, it aslo gain 10 cents, although cost might be a little higher.

Actually the risk of speculate at 0.50 might be higher than at 1.00, because at that time, market is poor, that's why stock price is lower. When it rises to 1.00, means market is having a good time, so the chance of making money is higher.
In speculation, you don't intend to hold the stock nor interested in company long term future or getting dividend, what you concern is the price differentiation, or price movement whether abc or xyz company, it doesn't make any different except the price movement only.

Although a bit generalised and extreme, but purely speculation purpose without thinking long term, higher price might not mean bad at all.
More people make money through speculation when stock price is high (bull market), but when price is low like current situation, more people stumble and loss in term of speculation ie. becaue we are in bear market.

But for long term fundamental, then bear market is good time to accumulate some good socks, but be prepared to do DCA along the way. At current situation, bear market is good for those invest long term and in term fundamental but bad for purely speculation short term.

I am more inclined on fundamental for long term that I just buy and collect dividend yearly and can sleep with it.
Trading is not my cup of tea or should say I am not good at trading.

My current focus is in plantation related, and properties sector.

This post has been edited by cherroy: Jan 12 2009, 11:10 AM
TScherroy
post Jan 12 2009, 12:59 PM

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QUOTE(panasonic88 @ Jan 12 2009, 12:20 PM)
a noobie question. (sorry if this has been asked before.) tongue.gif

the "Pre-open/close" word is blinking, can i still make transaction?
*
Using different platfrom, so not really know what you mean by "pre-open/close" word blinking.

Pre-open/close can't make any transaction ie. no matching, but still can key in mah.
TScherroy
post Jan 12 2009, 02:53 PM

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QUOTE(mo_meng @ Jan 12 2009, 02:36 PM)
PROPOSED CAPITAL REPAYMENT TO THE SHAREHOLDERS OF TAMCO OF RM0.30 IN CASH FOR EVERY ONE (1) ORDINARY SHARE OF RM0.50 EACH HELD IN TAMCO VIA A REDUCTION OF THE PAR VALUE OF THE ORDINARY SHARES FROM RM0.50 TO RM0.20 EACH IN ACCORDANCE WITH SECTION 64 OF THE COMPANIES ACT, 1965 ("PROPOSED CAPITAL REPAYMENT")
actually wat do this mean? ho much they are going to pay? how to pay? in wat form?
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They are paying 30 cents per share back to you.

How to pay and in what form?
by cheque.
TScherroy
post Jan 12 2009, 03:08 PM

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QUOTE(mo_meng @ Jan 12 2009, 03:02 PM)
if they paying so much than after the pay out how the price will be .. 0.335 - 0.3?

anyone of u getting this counter?
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Yes, stock price will be adjusted accordingly.

So if stock price stay at this range, then it will become 0.035 afterwards.

Bare in mind, the company is without any core business, which violate the listing requirement already, so there is chance of delisting while company is seeking extension from KLSE to fulfill the listing requirement which until now being given until 31/3/2009.
TScherroy
post Jan 12 2009, 04:18 PM

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QUOTE(lklatmy @ Jan 12 2009, 03:56 PM)
I will call a buy if drop to 30.5 sen.

My cost will be half sen only nia.lol
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Then we all Q to buy at 30 cents. Haha.

But wait, those capital repayment is approved by SC and shareholders already or not?

Even ordinary dividend proposed also can turned down by its major shareholders, as lastest issue has reminded us that as long as it is not going through the whole paper process, we can't take for granted.
TScherroy
post Jan 12 2009, 04:55 PM

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QUOTE(htt @ Jan 12 2009, 04:43 PM)
Think shareholder side should have no problem, they just amended their Article of Association not long ago, I guess for this purpose wah...
But if buy at 33.5 sen I scare my 3.5 sen might take a very long time to come back to me...
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It is basically like a gamble. You gamble on the company won't be delisted and get some profitable business inject into it. Big/small Haha. biggrin.gif
TScherroy
post Jan 12 2009, 09:01 PM

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QUOTE(kmarc @ Jan 12 2009, 08:43 PM)
Inauguration on 20th Jan..... Dow will probably rally at that time, I think.....  hmm.gif
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Obama effect and stimulus package which is going to introduced by him, more and less being priced in by last week surge or so, when Dow crossed 9,000 level.

So might not rally too much either. I might be wrong.

Market focus now is the economy and how the stimulus package.
TScherroy
post Jan 13 2009, 02:01 PM

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We are approaching the limit of 2500 posts, so anyone can do a favour by starting v20?
TScherroy
post Jan 13 2009, 03:12 PM

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QUOTE(Vv.SoViEt.vV @ Jan 13 2009, 02:11 PM)
me. start one now?
*
OK, can start now, then I will pin up.

QUOTE(panasonic88 @ Jan 13 2009, 02:41 PM)
omg IOI kena dumped!  shocking.gif
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Not good meh?

Time for it to back to 3.00 level, then must buy this time. Be it long term or betting like big/small. CNY bet. Haha. biggrin.gif
TScherroy
post Jan 13 2009, 03:18 PM

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CNY associated with red which mean prosperous so market red red good sign. laugh.gif

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